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Á¶È¸¼ö 1387
Ä«Å×°í¸® FASHION
Date 2024-07-22




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Rolex watches are experiencing a drop in prices and an increase in supply in the secondary market.

According to a recent Morgan Stanley report, the WatchCharts Overall Market Index, which tracks data on luxury watches, has declined for nine consecutive quarters. Prices in the second quarter fell by 2.1% compared to the first quarter and by 1.2% year over year.

Rolex, known for its extreme supply shortages and long waitlists, has recently seen a significant increase in supply alongside a price drop in the secondary market. Morgan Stanley analyzed that ¡°this situation has allowed consumers to purchase more new Rolex watches from official dealers as the profitability of flipping (reselling at a premium) Rolex watches has decreased.¡±

For general buyers, this can be seen as good news because they can purchase products more easily and quickly than in the past.

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📸 : Rolex



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